Flat for sale in Bishops Way, London E2

Shared ownership

Full Market Value - £500,000

You Pay (50%) - £250,000

Monthly Rent - £353.63

Service Charge - £156.53

Annual Ground Rent - N/A

lease : 189 year lease commenced January 1999 - 164 years remaining

council tax band : D

The apartment comprises a two bedroom purpose first floor flat in a four storey block constructed in 1999. The accommodation includes a lounge/diner, separate kitchen, two double bedrooms and a bathroom. The property also benefits from an allocated off street parking space.

Located within walking distance of Cambridge Heath Station and Bethnal Green tube provides easy access into Central London, as well as the dynamic neighbourhoods of Shoreditch and Hoxton, areas known for their lively atmosphere. The area encompasses iconic spots such as Broadway Market, Columbia Flower Market, and Brick Lane. Furthermore, the locale offers an extensive array of bars, restaurants, and coffee shops, creating a diverse and lively community. Close by are popular local parks including Haggerston Park, London Fields, and Victoria Park.

The buyer will require a deposit to obtain a mortgage for this property.

To meet the requirements for this property we require as a guideline, a minimum household income of £66,589. If you are offered the property, your ability to afford this property will be assessed at your financial interview. Please note that applicants should purchase the maximum share that they can afford and sustain.

Only applicants who are registered with London and Quadrant will be eligible to be offered a property in one of our schemes. If you are not registered please visit our website and register to obtain your unique reference number.

Your home is at risk if you fail to keep up repayments on a mortgage, rent or other loan secured on it. Please make sure you can afford the repayments before you take out a mortgage.

These particulars are of opinion only, are intended to give a fair description and do not form the basis of a contract. The descriptions and all other information are believed to be correct as of March 2024.